[Jun-2023] Valid Way To Pass Cisco Exam Dumps with 700-805 Exam Study Guide
All 700-805 Dumps and Cisco Renewals Manager Training Courses Help candidates to study and pass the Exams hassle-free!
The Cisco 700-805 (Cisco Renewals Manager) Certification Exam is a comprehensive test that requires a thorough understanding of Cisco's products and services. This exam is designed to ensure that the candidates have the necessary knowledge and skills to manage the renewal process effectively. The exam covers a wide range of topics, including Cisco's product portfolio, licensing models, contract management, and customer relationship management.
NEW QUESTION # 19
Which business benefit of on-time renewals on Cisco products and services is valid?
- A. ability to ensure that our TAC cases get priority over others
- B. exclusive relationship with the customer
- C. rebates and discounts from Cisco
- D. access to training programs and material
Answer: A
NEW QUESTION # 20
Customer A purchased a one-year WebEx contract of 100 seats at $10 per seat. Customer B purchases a three-year WebEx contract of 100 seats at $10 per seat.
What is the annual recurring revenue (ARR) for each?
- A. $1000 and $1000
- B. $3000 and $3000
- C. $1000 and $3000
- D. $1100 and $3300
Answer: C
NEW QUESTION # 21
Which service offering helps define the customer's IT vision and strategy?
- A. Optimization
- B. Support
- C. Advisory
- D. Training
Answer: C
NEW QUESTION # 22
Which statement best describes an Ask the Expert session?
- A. A pre-recorded webinar from an expert
- B. A hosted educational webinar with live expert Q and A
- C. A 24-7 phone line providing expert advice
- D. A one on one coaching engagement covering specific use cases
Answer: B
NEW QUESTION # 23
Which licensing model represents the highest value?
- A. Enterprise Agreements
- B. Transactional
- C. Subscription
- D. Pay as you go
Answer: A
NEW QUESTION # 24
Which service offering assists the customer in preparing for emerging industry trends?
- A. Trending Technical
- B. Advisory
- C. Training
- D. Managed
Answer: B
NEW QUESTION # 25
Which business benefit of on-time renewals on Cisco products and services is valid?
- A. Exclusive relationship with the customer
- B. Acess to training programs and material
- C. Rebates and discounts from Cisco
- D. Ability to ensure that our TAC cases get priority over others
Answer: D
NEW QUESTION # 26
Which strategy for successful renewal of service contracts calls for discussing changes in the network and identifying any uncovered add tons to the network?
- A. lock in revenue streams through co-termination
- B. validate the customer's business needs
- C. explore up sell opportunities
- D. focus on benefits
Answer: C
NEW QUESTION # 27
Which action should a Renewals Manager take first?
- A. Assign an RS to priority accounts
- B. Meet and confirm the AM, CSS, CSM and their resources
- C. Meet the customer and perform a renewals diagnosis
- D. Download contract data and develop a renewals strategy
Answer: D
NEW QUESTION # 28
Which task is the responsibility of the renewals manager?
- A. Managing the success plan
- B. Managing recurring revenue risk
- C. Billing recurring revenue contracts
- D. Driving adoption of specific technologies
Answer: B
NEW QUESTION # 29
How does Cisco define Business Critical Services?
- A. Pay-as-you-go, services covering business-critical functions
- B. hardware replacement
- C. Pay-as-you-go, technology-based services
- D. subscription-based services covering the lifecycle of a technology
Answer: A
NEW QUESTION # 30
What is the primary measurement of success for a Renewals Manager?
- A. iARR rate
- B. renewal success rate
- C. percentage of contracts closed
- D. upsell percentage
Answer: D
NEW QUESTION # 31
Which statement regarding which tools can be added as value to customer and partners is invalid?
- A. Trusted Data Source for Hardware Refresh and Software renewal insights
- B. Adoption scores which provide insight into how well customers are utilizing service and software they purchase
- C. Gain insight into new and unique business prospects for your customers and expand sales potential
- D. Help manage Discounts for Quoting
Answer: D
NEW QUESTION # 32
During which activity of the renewal process would an RM provide an appropriate co-termination timeframe and gain required internal approvals?
- A. billing
- B. quote delivery
- C. deal strategy
- D. proposal build
Answer: B
NEW QUESTION # 33
What is the primary customer values of the Cisco Services Portfolio?
- A. Services packages tailored to specific customer nees
- B. ON-call,24/7 service technicians at all levels
- C. Services priced based on usage
- D. Customers can develop their own service offerings
Answer: A
NEW QUESTION # 34
Which group of products are enterprise networking products?
- A. Routing, Switching, Access Points
- B. Salesforce, Box, AWS
- C. WAN, LAN, Wireless
- D. iWAN, Viptela, Meraki
Answer: A
NEW QUESTION # 35
Which strategy contributes to the successful renewal of service contracts?
- A. Communicate product performance, pricing, and position.
- B. Discount multi-year service agreements.
- C. Lock in revenue streams through co-termination.
- D. Offer discounts.
Answer: A
NEW QUESTION # 36
Which statement best describes an Accelerator?
- A. A hosted on-to-many educational webinar with live expert Q and A
- B. A one-on-one deep dive on network issues
- C. A one-on-one coaching engagement covering specific use cases
- D. An on-call service for customer support
Answer: C
NEW QUESTION # 37
When renewing a contract with a customer,which action is important?
- A. Do not offer any financing solutions.
- B. Start discussions once the contract has expired
- C. Propose only the most important part of the solution
- D. Validate customers business needs.
Answer: D
NEW QUESTION # 38
Which steps to develop a renewal quote are valid?
- A. Ask the customer for Renewal data,Evaluate new requirement,Quote new services.
- B. Indentify the barriers to adoption,Ensure the customers is using the solution,Work with the Account Manager to create a Quote.
- C. Identify the Items to renew,Verify the Discounts,Confirm the Shipping address,Verify the Billing entity.
- D. Position the new technology,create a Quote,Order the Quote.
Answer: B
NEW QUESTION # 39
What does TPV means ?
- A. Total Partner Value
- B. Total Partner View
- C. Total Product Value
- D. Telepresence Vlue
Answer: B
NEW QUESTION # 40
When renewing a contract with a customer, which action is important?
- A. Do not offer any financing solutions.
- B. Propose only the most important part of the solution.
- C. Validate customers business needs.
- D. Start discussions once the contract has expired.
Answer: B
NEW QUESTION # 41
Which discussion point helps upsell a customer?
- A. Discuss changes in the network and identify any uncovered additions to the network.
- B. Focus on what the customer already has covered on the network.
- C. Focus on how much it will cost the customer.
- D. Discuss your priorities and why you need the sale.
Answer: A
NEW QUESTION # 42
Which product addresses network segment a in issues and is comprised of Viptela and Meraki products?
- A. SD-WAN
- B. Tetration
- C. Cloud services
- D. Security applications
Answer: A
NEW QUESTION # 43
Which action should a Renewals manager take first?
- A. Download contract data and develop a renewals strategy
- B. Meet and confirm the am,css,csm and their resources
- C. Assign an RS to priority accounts
- D. Meet the customer and perform a renewals diagnosis
Answer: B
NEW QUESTION # 44
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